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April 9 (Reuters) China imported a record volume of oil from Brazil in March, boosting Brazilian exports of the commodity to the second highest level in the historical series, amid a reorganization of global energy flows following disruptions in the Middle East. The Asian country bought 1.6 million barrels per day (bpd) of Brazilian oil... Continue Reading →
April 9 (Reuters) A Brazilian federal court has issued an injunction exempting TotalEnergies, Repsol Sinopec, Galp's Petrogal, Shell and Equinor from a tax on crude oil exports, a court document seen by Reuters shows. The Tuesday decision says a 12% tax enacted about a month ago as oil prices spiked due to the U.S.-Israeli war... Continue Reading →
April 8 - Petrobras has submitted the necessary information to IBAMA (Brazilian Institute of Environment and Renewable Natural Resources) to request authorization to drill three more wells in block FZA-M-59, in the Foz do Amazonas Basin, off the coast of Amapá. As is already known to the market, the oil company is currently drilling the... Continue Reading →
April 8 (OE) SLB has signed an agreement between Petronas Suriname, a subsidiary of Petronas and Subsea Integration Alliance, comprising SLB OneSubsea and Subsea7. The partnership aims to unlock resources in Suriname’s emerging frontier basin through innovative and cost-effective subsea solutions. The agreement establishes a long-term framework for collaboration across the project lifecycle. This approach... Continue Reading →
April 6 (OE) Offshore drilling contractor Valaris has secured a multi-year contract extension with Petrobras offshore Brazil and entered into a strategic collaboration agreement with Petronas and Halliburton for offshore development in Suriname. The company said the drillship VALARIS DS-4 was awarded a 1,064-day contract extension with Petrobras, expected to begin in November 2027 in... Continue Reading →
April 6 (agenciabrasil) The next auction of pre-salt oil exploration blocks will offer 23 areas, the National Agency of Petroleum, Natural Gas and Biofuels (ANP), the sector's regulatory body, announced this Monday (6). The confirmation was made through an update to the Permanent Production Sharing Offer (OPP) notice. Eight blocks were already included in the... Continue Reading →
April 6 (oilprice.com) Oil price shocks since the U.S. and Israel first struck Iran, the world’s fifth-largest oil producer, have global markets on edge. The sudden energy crisis, which emerged after Iran closed the Strait of Hormuz, preventing the passage of around a fifth of the world’s oil supply, emphasizes the importance of petroleum production in... Continue Reading →
April 6, 2026 - PRIO S.A. (“Company” or “PRIO”) (B3: PRIO3), in compliance with best corporate governance practices, hereby informs its shareholders and the market in general that it has opened the third producing well at the Wahoo Field, whose production has stabilized at 10,000 barrels of oil per day. As previously disclosed, the Company reduced... Continue Reading →
April 6 (TN) A study analyzing data from thousands of Brazilian municipalities identified regions with the greatest potential for the production and use of green hydrogen – a fuel considered strategic for the decarbonization of emission-intensive industrial sectors. The research shows that the country has favorable conditions for developing this new energy chain, but also... Continue Reading →
April 6 - Searcher has announced the completion of Phase 3 of its multi-client 3D seismic acquisition in the Pelotas Basin, offshore Brazil. In this latest phase - executed in close collaboration with its partner Shearwater - the companies acquired an additional 7,500 sq km of high-quality 3D seismic data, bringing the total coverage in the basin to over 17,000... Continue Reading →
Brazil Energy Insight 